Maywood Phoenix Homes Inc
- Assets
- $765.5k
- Revenue
- $5.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Maywood, IL
- Founding
- 06/1985
- Data as of
- 05/2022
- EIN
- 36-3354397
Organization Overview
Maywood Phoenix Homes Inc is located in Maywood, IL. The organization was established in 1985. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maywood Phoenix Homes Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Maywood Phoenix Homes Inc generated $5.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (54.1%) each year. All expenses for the organization totaled $348.3k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LOW INCOME HOUSING AND RELATED OUTREACH SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROJECT PROVIDES HOUSING TO ELIGIBLE LOW INCOME TENANTS. TENANTS PAY A PORTION OF THE RENT BASED ON THEIR ABILITY TO PAY AS DETERMINED BY HUD.
UPON THE SALE OF MAYWOOD PHOENIX HOMES, THE ORGANIZATION IS CONTINUING ITS MISSION TO SUPPORT AFFORDABLE HOUSING AND RELATED OUTREACH SERVICES IN THE COMMUNITIES IT SERVES. ACCORDINGLY IT HAS MADE GRANTS TO PROVISO LEYDEN COUNCIL FOR COMMUNITY ACTION, INC. TO SUPPORT ITS ONGOING MISSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bishop Claude Porter President | OfficerTrustee | 1 | $0 |
Bishop Reginald J Saffo Secretary | OfficerTrustee | 1 | $0 |
Dennis Laria Treasurer | OfficerTrustee | 1 | $0 |
Bishop Joseph Jones Director | Trustee | 1 | $0 |
David Quas Director | Trustee | 1 | $0 |
Jospeh Ratley Jr Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $5,130 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,130 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $348,221 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $348,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $765,522 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $765,522 |
| Accounts payable and accrued expenses | $1,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,000 |
| Net assets without donor restrictions | $764,522 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $765,522 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Maywood Phoenix Homes Inc has recieved totaling $8,721.
| Awarding Organization | Amount |
|---|---|
Greater Chicago Food Depository Chicago, IL PURPOSE: DISTRIBUTE TO THE NEEDY | $8,721 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ascension Living Bethlehem Woods Village St Louis, MO | $54,923,098 | $70,603,895 |
Rest Haven Illiana Christian Convalescent Home Tinley Park, IL | $89,097,338 | $64,902,074 |
Citizens Memorial Health Care Foundation Bolivar, MO | $45,218,977 | $63,247,284 |
Ascension Michigan Cmg St Louis, MO | $10,296,135 | $49,102,663 |
Bethesda Long Term Care Inc St Louis, MO | $61,164,515 | $49,946,296 |
Ranken-Jordan Home For Convalescent Crippled Children Maryland Heights, MO | $140,456,097 | $69,165,620 |
Ascension Living Franciscan Place St Louis, MO | $14,918,135 | $36,267,492 |
Willow Health Care Inc Willow Springs, MO | $35,651,940 | $30,612,109 |
The Lutheran Home Inc Wauwatosa, WI | $32,526,623 | $29,348,190 |
Grace Lutheran Foundation Inc Eau Claire, WI | $34,935,456 | $25,987,857 |
Westminster Village North Inc Indianapolis, IN | $65,231,339 | $24,703,425 |
Lutheran Hillside Village Inc St Louis, MO | $68,145,212 | $21,651,382 |